JERA Nex BP, a joint venture between Japan's top power generator JERA and BP, plans to halt development of the U.S. Beacon offshore wind power project and lay off its U.S. employees in the coming months, the venture said in a statement.The decision marks the latest setback for the U…
As the maritime industry globally seeks to attract and retain crews, onboard amenities including seamless connectivity for gains in importance.Sign up now to listen in on the webinar 'Crewed Up or Crew Cut? Rethinking retention and recruitment at sea…
BP on Monday confirmed an oil and gas discovery in Namibia’s Orange basin as reported by African energy explorer and operator Rhino Resources earlier this month.Petroleum Exploration License 85, where the well was drilled, is operated by Rhino Resources with a working interest of 42…
U.S. based engineering and construction firm McDermott has completed its activities for TotalEnergies' Begonia field development, offshore Angola.Under the engineering, procurement, construction, installation, pre-commissioning and commissioning contract…
The cost of Aker BP's major ongoing oil and gas development projects, Yggdrasil and Valhall-Fenris, has risen by 32% and 25% respectively from nominal estimates a year ago, Norway's budget proposal showed on Wednesday.The Yggdrasil project,…
Sea1 Offshore, formerly Siem Offshore, has secured a new contract for its platform supply vessel (PSV) Sea1 Atlas.The contract for Sea1 Atlas PSV is in Brazil and has a duration of three years, along with six-month option at market terms.The…
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